Mexico declared Independence from Spain

Mexico first declared Independence from Spain in 1810. To clarify, this happened on September 16th, 1810. Before then this area was more commonly referred to as New Spain. The declaration of Independence led to a 11 year war against Spain. Unfortunately, it wasn’t until August 24, 1821 that Spain finally recognized Mexico’s Independence.

This was the dawn of the once New Spain turning into the new Mexican Empire. Gone were the days of the Spanish Catholic monarchy. A new federal republic was finally declare and by 1924 they codified Mexico’s new Constitution. It is important to note, there were some reattempts by Spain to re-concur New Spain. However, by 1836 Isabella II and Spain finally fully recognized Mexico’s independence.

Mexico’s First Republic 8 Escudo

The Hand on Book gold 8 Escudo from Mexico became Mexico’s First Republic 8 Escudo. Many of these issues come softly struck and hundreds of years later aren’t in very good condition. However, below is an example of a stunning Mint State 63 Hand on Book gold 8 Escudo from Mexico. It is fully detailed and centered dripping with original mint luster.

The design is one of our favorites when it comes to world coins. Once Mexico declared Independence from Spain they decided to create a new look. The reverse of this coins depicts the seal of Mexico. This same seal adorns the Mexican flag. It shows an eagle on a cactus holding a snake in its talons. The obverse of the coin shows a hand holding a pole with a cap on the top. The hand is about to write into the book of law.

This beautiful coin was graded Mint State 63 by NGC. What is most important, is that it was struck in Mexico City. It is difficult to find coins with such attractive eye appeal and truly proof like surfaces. Only 22 of these coins have been certified in all grades combined and this is one of only three in Mint State 63 with none known finer.

Containing over $1400 worth of gold alone, we feel high end examples of this series are overlooked and undervalued. This is why Mexico’s First Republic 8 Escudo like this is so highly recommended. Above all, this is the finest coin we have seen from this series from 1823-1873.

How to identify a shipwreck coin

Be careful trying to buy coins that are supposed to be from a famous shipwreck. How to identify a shipwreck coin should be left to the experts. It is hard to determine if a coin is a shipwreck coin just by looking at it. How is the average person supposed to know if a coin was hidden in a shipwreck for over a hundreds of years? Even if a coin is actually from a shipwreck it could be in terrible condition and not worth very much. However, those salvaged in good to excellent condition can be worth a lot of money. Especially, if they are a from a rare date and only a few surviving coins actually exist.

Austin Rare Coins & Bullion is one of the premier shipwreck coin dealers in the United States. They know how to identify a shipwreck coin. In fact, they specialize in high-end shipwreck coins dating back to 1845. Above all, they only deal in shipwreck coins certified and authenticated by NGC or PCGS. These two top coin grading corporations are the best known and trusted in the business. 

The S.S. Central America

Usually, premier shipwreck gold and silver that has been salvaged in good and very good condition come from one of the four major U.S. shipwrecks. For example, the S.S. Central America, otherwise known as “The Ship of Gold” sank off the Carolinas in 1857 in a terrible hurricane. It is probably one of the best known shipwrecks due to the amount of treasure found onboard. 133 years after it sank, the S.S. Central America was located by the Columbus-America Discover Group of Ohio. Thanks to the recent advent of underwater robots, items from this famous shipwrecks were brought to the surface and saved. The newest deep sea recovery technology was utilized to bring up and preserve these historic, National Treasures.

Austin Rare Coins was one of the few companies to offer sunken coin treasure from The S.S. Central America. Moreover, they offer the American public a rare opportunity to acquire a rare shipwreck coin from this important piece of California Gold Rush history. Each coin in this exclusive release comes sealed in a specially-designed PCGS holder to protect the intricate details of the coin. In addition, each holder contains a pinch of gold dust recovered from the shipwreck.

Other Shipwreck Coins

Austin Rare Coins feature gold and and silver shipwrecked coins from other shipwrecks as well. Over the past two decades they’ve handled rare coins from the S.S. Brother Jonathan of 1865, the S.S. Republic of 1865, and the S.S. New York of 1845. All of the coins they handle are original, certified shipwreck recovered coins. It is worthy to note, Austin Rare Coins has been involved with every major shipwreck offering since the 1990s.

If you’re interested in learning more about historically significant shipwreck coinage you should request our Shipwreck Collection Report. Importantly, it will help you how to identify a shipwreck coin. That is to say, it is loaded with U.S. shipwreck history, pictures, and descriptions to give you a solid foundation of knowledge and ideas. In conclusion, if you have questions or need assistance on where to start, just give us a call, we’re happy to help. 1-800-928-6468

Rare $20 Double Eagle Gold Coin

People often ask us what a rare $20 Double Eagle Gold Coin is worth. Well, a fashion mogul Stuart Weitzman’s 1933 Double Eagle gold coin sold for $18.9 million at Sotheby’s Auction in New York! It shattered the world auction record. In fact, it nearly doubled the record for the world’s most valuable coin ever sold.

But, why was this rare $20 Double Eagle Gold Coin worth so much? It was because the 1933 edition of the Double Eagle never entered circulation. Consequently, nearly all of them were returned to the US government and melted down. There were only a few of these coins that somehow entered the market. Therefore, the Secret Service in 1944 declared any of them owned by collectors would be prosecuted. Because, they considered these coins stolen.

There are many other less rare $20 Double Eagle Gold Coins. Some range from a few thousand dollars to tens of thousands, and even hundreds of thousands of dollars. What makes one more rare than another are several factors. A few of the them being:

  • Strong Demand For The Coin
  • Collector Appeal
  • Eye Appeal
  • State of Preservation
  • Certification of Grade

Collectors look for the “perfect” coins to own. Above all, they want to acquire the rarest and best quality coins they can comfortably afford.

1857 Double Eagle Gold Coin in Mint State 60 | Eureka Hoard

For example, the Double Eagle Gold Coin in the video below is also a very rare coin. In addition, it is in Mint State 60 condition. It is a 1857 Philly Double Eagle pedigreed from the Eureka Hoard. This beauty contains .9675 oz of pure gold and comes from a low mintage of 439K. More importantly, it is one of a few dozen known in mint condition.

For a little more than 3 times gold melt value—it seems to be an excellent value in today’s market. Incredibly, this is one of only 31 in the grade of Mint State 60. Additionally, just 108 are known finer.

This is a great coin for the money and is actually available for sale. Furthermore, Austin Rare Coins rates this coins “Highly recommended!” People collect coins for many reasons including fun and profit. Certainly, this 1857 $20 Double Eagle Gold is a great coin to add to anyone’s collection.

The Wealth of the Persian Empire

The Persian Empire was a series of imperial dynasties centered in modern-day Iran. It spanned from 559 B.C. to 330 B.C. The Wealth of the Persian Empire was because they were the first empire to embrace a monetary system. They bought and trading goods with coinage and were also the first to collect taxes in coins. These factors led the Persian Empire to thrive and Persian Kings to be fabulously wealthy. This wealth enabled Persians to build superior roads. In fact, their roads linked major trade partners and massive architectural wonders within their Empire

Great leaders of the Persian Empire, also known as the Achaemenid Empire, included Cyrus the Great, Darius, and Xerxes. In addition, other family members ruled the Achaemenid Dynasty. These great leader were the first in the world to embrace a monetary system and created wealth around coinage. Consequently, they were the first to collect taxes in coins rather than in goods and services. These factors led them to thrive and the Persian Kings to be fabulously wealthy.

Persian Empire Falls in 330 B.C

The Persian Empire change when the mighty new king of Macedonia, Alexander the Great, came to fight the Persians. He conquered the Persian Empire in 330 B.C. Alexander captured the palace of Xerxes where he found tons of gold and silver bullion methodically stored! Alexander pillaged the wealth in order to have money to pay his men. Over a period of three months the ceremonial Persian capital of Persepolis was all but destroyed. Evidently, it was too dangerous to leave any enormous treasures behind where his enemies could recapture them.

Austin Rare Coins is a premier ancient coin dealer that specializes in Wealth of the Persian Empire and high-end Persian Ancient Coins. Most importantly, all our ancient coins are certified and authenticated by NGC Ancients. As a result, Austin Rare Coins is the top ancient coin grading corporation in the business. Let us assist you in finding the exact ancient coins you are looking for.

Just give us a call, we’re always happy to help. You can also Learn More About Ancient Coins by Downloading Our Free Ancient Coin Report!

Alexander the Great Conquered Babylon

The Persian Achaemenid Empire ruled Babylon for about two hundred years. They were the first super power of the ancient world. Their vast empire reached from India down to Egypt and all the way up to the northern border of Greece. The Achaemenids were an unstoppable force until Alexander did the unthinkable. Alexander the Great conquered Babylon and defeated the Achaemenids in 331 BCE. Alexander’s actions change the entire ancient world.

Alexander learned to be a great leader and powerful imperialist from his father Philip II. He also learned to be a battle strategist. Moreover, he knew what the odds would be against an outmatched manpower. But, despite the odds Alexander relied on speed and distraction to achieve victory after victory. Subsequently, Alexander the Great conquered Babylon giving his army a huge decisive victory. A success that gave him the confidence and the momentum to continue marching on towards the east.

Babylon was Alexander the Great’s greatest conquest and “to the victor belong the spoils.” Giving proof to the proverb that the winner is entitled to all of the rewards, bonuses, and benefits of success. Consequently, Alexander’s troops and generals needed to share in those spoils. The spoils that included hoards of gold coins minted by the Persians.

Alexander melted down the Persian coins to re-mint gold double darics. He kept the same Persian features of a kneeling king or hero holding a bow and spear on the front of the coin. This was done in homage and respect of the mighty Persians. However, it was also propaganda to prove that the mighty Macedonian army were not only the victors, but also a generous new leader.

Babylonian Gold Double Daric

Alexander the Great’s gold double daric struck in Babylon is one of the true rarities of the Alexander the Great Series. Upon Alexander’s invasion of central Asia, darics and double darics melted down and recoined as coins of Alexander are quite rare today. To clarify, only a handful of them even exist.

Double darics are far more difficult to find than the regular gold darics. To find a double daric today that commemorated Alexander the Great conquered Babylon is a newsworthy occurrence. This is a very important coin dating back over 2,300 years and is a rare find in any condition.

Hard Money Investor

The Precious Metal Industry’s Leading Publication

If you’re interested in physical precious metals, then you MUST read Hard Money Investor! In addition, our groundbreaking newsletter will offer you:

•  Clear, Concise, and Timely Market Intelligence 
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•  Insider Information You Won’t Find Anywhere Else

Clients often ask us for timely, up to the minute, news on the economy. Above all they want to know about Precious Metals as we head into the new decade. Great News, we have key insider information to share that can help you make solid decisions about your financial future.

Austin Rare Coins Bullion is please to announce the latest release of our ground breaking Precious Metals Publication: the Hard Money Investor. There are many reasons to read this newsletter. Above all, it will help keep you abreast of concise and to the point news on the economy. Especially, the markets as they pertain to gold, silver, platinum, and palladium.

Inflation & Rising Interest Rates

Our Newest Winter 2022 edition of Hard Money Investor sheds light on the physical precious metals market in the wake of inflation and rising interest rates. We also take look at how this could impact economies across the globe as the new year unfolds. Hard Money Investor is available free to anyone looking to gain an edge on the Precious metals Markets.

Austin Coin Dealer Specializing in Rare Coins, Ancient Coins, Gold, and Silver

Austin Rare Coins & Bullion has done business with tens of thousands of satisfied clients in both buying and selling rare coins and precious metals. If you have questions and would like to talk to one of our Austin Rare Coins Advisor, just give us a call at 1-800-928-6468. Someone will be happy to assist you with all your questions. Remeber to ask about our Hard Money Investor, and how you can get your own free copy!

Roman Emperor Trajan Decius

Gaius Messius Quintus Trajanus Decius, commonly referred to as Trajan Decius, ruled Ancient Rome from 249 to 251 AD. Roman Emperor Trajan Decius wanted to restore Rome to its former glory and ancient traditions. Therefore, he decreed the Decius’ edict. This was a proclamation for Empire-wide loyalty. The Decius’ edict meant that all Roman citizens needed to make a sacrifice to Rome’s gods or face torture, execution and seizure of assets. 

Moreover, Christian belief would not allow for them to worship any other god. As a result, Emperor Trajan Decius cracked down harshly on those he believed were undermining the ancient traditions of Rome. Consequently, they were persecuted and tortured. Even Pope Fabian was killed! By the end of Decius’ second year as Emperor, he resorted back to earlier tradition of tolerance.

The Downfall of Emperor Decius

A barbarian invasion forced Roman Emperor Trajan Decius to shift his attention away from domestic affairs. Decius needed a decisive battle win to score points with the Roman citizens. He riled his troops together and headed for Rome’s border. A battle ensued, and at first Decius seemed to have his win. He caused the Goths to flee into the marshes of Abrittus. However, it was a ruse that led him and his troops straight into an ambush. Roman Emperor Trajan Decius, and about half of his army, perished in the debacle. Instead of glorious victory, it was the first time a Roman emperor fell to a foreign enemy.

The catastrophic defeat at Abrittus accelerated the Roman Empire’s slide into anarchy. Christians claimed it was God’s revenge on their Roman persecutors.

Below – Gold Aureus coin issued during Decius’ reign. Find beautiful Roman coins like this one and many more at Austin Rare Coins. All coins offered by Austin Rare Coins are certified and graded by NGC Ancients.

Three-Dollar Gold Piece

The rarest pre-1933 US gold coin is the Three-Dollar gold piece. To clarify, only 539,792 of them were produced according to the US Mint. The reason there were so few made is because the Three-Dollar gold coins were very unpopular. Basically, the public rejected them when they were introduced in 1854. Therefore, only small mintages of these coins were produced from 1854 to 1889. Similarly, They ended production after just 35 years. This total of just over half a million coins were produced at the US Mint facilities in Philadelphia, New Orleans, San Francisco and Dahlonega combined.

Many of these 3 Dollar coins have been destroyed or lost throughout the years. Trying to find them at any condition can be difficult as very few are in existence today. Take the coin in the video below for example. This $3 princess was struck in New Orleans in 1854. No other $3 coins were issued with the O Mint mark. These coins are definitely rare and desirable in any condition. Only a total of 24,000 of them were struck and only around 1,500 of them have been certified in all grades combined!

3 Dollar Gold Piece Design

The Three-Dollar gold piece was designed by James B. Longacre, and for the first time he had been allowed to choose his own design. In the past, James had always been directed as to what design to use. Longacre decided to create something truly American. He wanted to represent America with a female Native American, or Indian princess, dating back to the 16th century. For example, the image of the Indian princess survived in the popular view of figures such as Pocahontas and Sacagawea. In addition, the US Mint issued the Sacagawea Golden Dollar from 2000 to 2008.

On the reverse of the Three-Dollar gold piece you’ll find a wreath comprised of tobacco, wheat, corn, and cotton. In addition, it encircles the date and the words 3 Dollars. You can find out how to purchase 3 Dollar coins for your own collection at Austin Rare Coins & Bullion!

Coin Collecting Can Be Profitable

Coin collecting is not only a rewarding and enjoyable hobby, but if done properly, coin collecting can also be profitable. In this report and the video below, we will share some of the most important things to keep in mind when coin collecting. This is in order to maximize the rewards of assembling a profitable collection, regardless of your budget.

  • The first thing is to make sure that you’re collecting an area with a solid base of other collectors. You can have the rarest coin in the world, but if nobody else wants it, then it’s unlikely to see much appreciation.
  • Make sure you own coins that are attractive. To clarify, a great looking coins will always catch the eye of a potential buyer.
  • Make sure you acquire and own coins that have been professionally graded. This should be done by a third party grading service like NGC or PCGS—the tops in the business.
  • Try to focus on key dates. Do not try to collect the most common dates for a particular issue. These key dates, or “Stoppers” in a series tend to be harder to find. These are the coins other collectors will need to complete their sets.
  • Most importantly, work with someone you can trust to give you fair prices and solid advice. It helps to work with the same dealer you started with, especially if you want to trade up or if you sell a few of your coins. Remember, if you overpay for something, you are at a disadvantage. It may take a while to recoup the original investment. Above all, coin collecting can be profitable if you collect the right coins!

Coin Collecting is FUN!

Remember, coin collecting isn’t just about profits—Coin Collecting is FUN! Historically significant areas of collecting allows you to own items that have been around for hundreds or thousands of years. You can literally hold history in your hands.

With that said, a collection put together over time with attractive and desirable coins can appreciate over time. Try to invest in coins at reasonable prices and allow for time for it to appreciate. Certain areas of the coin market have proven to be a profitable venture for many of our clients. If you have questions or need to be pointed in the right direction, give Austin Rare Coins a call! Let our decades of experience help you put together your own impressive collection.

Liberty $10 Gold Piece Worth

The Liberty $10 gold piece’s worth is a lot higher than just its face value. The rare coin market has been expanding in the past few years and the price of gold has been going up. The values of those holding onto Liberty $10 gold coins have also gone up. Today, a coin, even if it isn’t a very rare one, can easily be worth a minimum of $821! Importantly, these coins are always popular, well loved, and in demand.

However, if the Liberty $10 Gold Piece is a rarer coin, it can be worth much more. In our opinion, Pre-Civil War New Orleans Mint Eagles are undervalued in the current marketplace. Each coin contains just under a half-ounce of gold. They are fundamentally rare and beautiful pieces of US history and money.

Liberty $10 Gold Piece Design

Gracing the obverse of this stunning coin you’ll find a neoclassical rendition of Lady Liberty. Designed by Christian Gobrecth, Lady Liberty is depicted in profile. She is wearing a crown with the inscription “Liberty,” and has her long hair up, instead of free flowing. Along the outer edge of the coin are thirteen stars that represent the original thirteen US colonies. Christian Gobrecht was the third Chief Engraver of the United States Mint from 1840 until his death in 1844.

Displayed on the reverse side of the Liberty $10 Gold Piece is a traditional Heraldic Eagle. The US national bird is suspended in flight with its wings open at full span. In the eagle’s right talons is an olive branch, and in the left, a bundle of arrows.

The 1851 O $10 Gold Liberty AU 53

The 1851 O $10 Gold Liberty AU 53 is a great coin for the money. There were 263,000 of these coins minted. However, between PCGS and NGC combined, only around 1,600 are certified! This includes ALL grades combined. Only 20 or so of these are in mint condition! Needles to say, this is a tough coin to find in high grades. Graded by NGC in AU53 condition this particular coins shown in the video below, comes with a CAC sticker. In short, this confirms the NGC grade even further.

Liberty $10 Gold Piece Worth differ from coin to coin. Therefore, If you have questions let us help. Our team of Gold, Silver, Rare Coin, and Ancient Coin advisors are here for you! Call us at 1-800-928-6468.